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Landstar System Inc. said late Thursday its board had authorized the company to buy up to an additional 2 million shares of its stock “from time to time in the open market and in privately negotiated transactions.”

Surface trade among the U.S., Canada and Mexico rose 11.3% in February to $53.6 billion, the Department of Transportation reported Thursday.

Ryder System Inc. Thursday reported first-quarter net income of $41.5 million or 64 cents a share, compared with $35 million or 53 cents a year earlier.

WASHINGTON — The head of the Federal Motor Carrier Safety Administration said the truck-safety agency was unlikely to succeed in convincing Congress to write driver hours-of-service regulations into law, a move FMCSA had sought to insulate its rule from lawsuits.

U.S. orders for durable goods fell by 2.8% in March, the Commerce Department reported Wednesday.

Truckload carrier P.A.M. Transportation Services Inc. said late Tuesday its net income for the first quarter was $2.9 million or 26 cents per share, compared with $2 million or 18 cents last year.

Logistics provider C.H. Robinson Worldwide Inc. said late Tuesday its net income for the first was $41.8 million or 48 cents per share, up from $29.1 million or 34 cents a year earlier.

Forward Air Corp., a contractor to the air cargo industry, said late Tuesday its first-quarter net income was $8.7 million or 27 cents per share, compared with $6.8 million or 21 cents in last year’s first quarter.

Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>The Pipeline and Hazardous Materials Safety Administration issued its final rule defining the transportation of hazardous materials in a Federal Register notice April 15. The agency said its rule clarifies where other agencies can regulate some portions of hazmat shipping.